The current Nikkei index price is 21,200. Assume ? = 0.13, r = 0.05 and div = 0.015. If
K = 20,000 yen and yen per dollar spot rates are 103, what is the dollar value of a 2-year call?
A) $13.97
B) $18.97
C) $23.97
D) $28.97
D
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An injunction is a court order to
A) perform a contract B) stop doing something C) pay a debt that is overdue D) show up in court on a specific date E) hand over key documents to the other party in a legal action
To prepare consolidated financial statements when a U.S. parent company has an international subsidiary, the international subsidiary's financial statements must be translated into U.S. dollars.
Answer the following statement true (T) or false (F)
Shelby owns Reclamation & Restoration (R&R), a demolition company. Demolition of a Quad City brownstone by an R&R crew injures Thelma, a spectator. Under the theory of strict liability, Shelby must pay for Thelma's injury A) only if Thelma's injury was not reasonably foreseeable
B) only if Thelma's injury was reasonably foreseeable. C) only if the R&R crew was at fault. D) ?whether or not the R&R crew was at fault.
ABC Co. has an average inventory of 750. The carrying cost per item is 1.25, the ordering cost is $18 per order, and they make 28 orders per year. What is the total carrying cost for ABC Co?
A) $504 B) $937.50 C) $1,166.67 D) $844.50 E) $492.65